Practice News

Local Solicitor understand that running a business is an exciting endeavor, but it comes with its fair share of challenges. As a business owner, you must be prepared to navigate various obstacles that can hinder your growth and success. By identifying these challenges and implementing effective strategies to overcome them, you can position your business…

People buy from people. It’s an obvious observation beloved of salespeople, but it’s also why networking is such a powerful tool for creating business development opportunities. At Local Solicitor, we know that networking helps build relationships with other professionals, share ideas and learn from each other. By connecting and partnering with the right people, you…

The Local Solicitor team know that time is a valuable resource, especially for small business owners who often find themselves wearing multiple hats and juggling numerous responsibilities. Effective time management is crucial for productivity, efficiency, and achieving business goals. In this article the Local Solicitor team will explore practical strategies to help small business owners…

The Local Solicitor team understand that when you first start out building a property portfolio, you may decide to purchase each property in your own name. While this keeps things simple, there are some distinct advantages to creating a limited company to own and manage your properties. The Local Solicitor team has highlighted five reasons…

The Local Solicitor team know that effective cash flow management is vital for the success and sustainability of any small business. Cash flow represents the movement of money in and out of your business and directly impacts your ability to pay bills, cover expenses, invest in growth, and ultimately, thrive. In this article the Local…

The Local Solicitor team understand that to fund the growth of your business, you’ll almost certainly need to take out a business loan at some point. But many lenders will ask you to provide a personal guarantee against this business loan – and there’s a risk element to consider when taking out finance. So, what…

As a small business owner the Local Solicitor team know that increasing profits is a key goal that drives growth and sustainability. However, it can be a challenging task in a competitive market. In this article the Local Solicitor team will explore effective strategies that can help you boost your small business profits and achieve…

The Local Solicitor team understand that when your managers and employees have their own budgets to utilise and spend, it’s important to keep in control of these staff expenses. It used to be standard practice to have a firm-wide company credit card that staff could use to make ad-hoc and recurring payments. But a company…

The Local Solicitor team understand that managing finances is a crucial aspect of running a small business. However, it can often be a daunting task for small business owners who may not have a background in finance or accounting. In this article the Local Solicitor team will explore the challenges that small business owners face…

The Local Solicitor team know that improving business performance is a constant, ongoing process. Here are ten ways from the Local Solicitor team to make sure that you continue to drive your business forward with purpose, vision and the courage to super-charge your business. 1. Eliminate distractions: Time is the scarcest resource and biggest killer…